This page reflects PURR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — PURR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.00 (0.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.53
±7.3%
Days to Expiry
3
Calendar days
Total Call OI
82,769
Nearest expiry
Total Put OI
25,732
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$7.20
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$6.50
8/7/2026, 11:31:22 PM
2026-08-14
$6.50
8/14/2026, 11:25:46 PM
2026-08-21NextUpdated
$7.00
8/18/2026, 11:27:25 PM
2026-08-28
$6.50
8/18/2026, 11:27:25 PM
2026-09-04
$7.00
8/18/2026, 11:27:25 PM
2026-09-11
$7.00
8/18/2026, 11:27:25 PM
2026-09-18
$7.00
8/18/2026, 11:27:25 PM
2026-09-25
$5.00
8/18/2026, 11:27:25 PM
2026-10-02
$6.50
8/18/2026, 11:27:25 PM
2026-10-16
$7.00
8/18/2026, 11:27:25 PM
2026-11-20
$7.00
8/18/2026, 11:27:25 PM
2026-12-18
$8.00
8/18/2026, 11:27:25 PM
2027-03-19
$5.00
8/18/2026, 11:27:25 PM
Selected expiration: 2026-08-21 at max pain $7.00.
PURR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
15890400
15890400
2
200
13348100
13348300
3.5
950
9534650
9535600
4
1250
8263500
8264750
5
1950
5721300
5723250
5.5
2800
4475600
4478400
6
3700
3231100
3234800
6.5
12550
2025450
2038000
7
36250
826500
862750
7.5
544100
617600
1161700
8
1389350
409850
1799200
8.5
2939400
225300
3164700
9
4495250
40950
4536200
9.5
6523700
30800
6554500
10
8704300
20850
8725150
10.5
11929000
11450
11940450
11
15154150
2200
15156350
11.5
18652050
1900
18653950
12
22150050
1600
22151650
12.5
26267300
1350
26268650
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.